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The Best E-Wallet Casino Guide 2022

With low fees, simplicity, fast transactions, and security, it's not hard to understand why so many casino players are looking for the best e-wallet casino to sign up to. Fortunately, we've listed the top choices out there in this very article – read on to find out more!

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What Are E-Wallets?

E-wallets, sometimes referred to as digital wallets, are basically online accounts where you can store your funds. You can then make payments using said funds without sharing any of your personal information with the operator.

These e-wallets are safe, and can be used to make easy and quick payments (deposits & withdrawals) to online and mobile e-wallet casinos. In other words, you can enjoy real money slots or live dealer casino games, knowing that your personal details are secure.

We have a whole list of great e-wallet services below, along with an explanation on what makes each of them worth checking out.

Our Top List of Recommended E-Wallets

As great as having options can be, it can also get daunting. We have researched as many services as possible to provide you with all the information you need in one place.

Which Is the Best E-Wallet for You?

Skrill, alongside NETELLER, consistently ranks among the most popular and dependable digital wallet services on the market. In fact, when it first launched as ‘Moneybookers’ in 2001, it was the very first recognised e-wallet.

Nowadays, with over 32 million users around the world, Skrill might be the gold standard of casino wallets.

But it gets even better: using it is completely free.

One downside, however, is that many operators don’t offer welcome bonuses for Skrill. For that reason, we recommend using a different method for placing first deposits, and this e-wallet for subsequent ones.

Founded in Canada in 1999, NETELLER moved to the Isle of Man in 2004 in order to focus its services on the UK market. Today, it has become one of the largest and most trusted e-wallet services in the world. In fact, NETELLER is accepted at virtually every worthwhile online casino.

As a service, it offers enhanced security, quick deposits, and faster withdrawals, but using it will also mean that you’re unlikely to get a welcome bonus – so use a different method for your first deposit.

Meanwhile, there is a of 2.5% standard fee to use NETELLER at online casinos. This may not be ideal, but we feel the positive experience makes it worth it.

Sometimes it seems that PayPal has been around since the dawn of the internet. Of course, the reason behind this is that it’s reliable, safe, and cost effective. In fact, it charges no fees across its vast network, and only small fees to exchange money from one currency to another.

PayPal is available in well over 200 countries and regions around the world, supports 25 currencies, and now also has cryptocurrency wallet functionalities. In some places, you can get a PayPal Cashback Mastercard, too.

ecoPayzis another popular digital wallet that lets you store and move your money with ease. It’s also super safe and versatile as it comes with top-of-the-line encryption, 24/7 customer support, and multiple currency options.

What’s even better is that many casinos accept this e-wallet service, making it an effective payment solution to use for your online gambling. Moreover, they also offer the ecoVirtualCard, which is operated by Visa and functions like any standard debit card.

Despite its benefits, ecoPayz does charge somewhat hefty fees for both top-ups and withdrawals.

WebMoney services more than 40 million clients, the majority of whom are based in Russia and other parts of Eastern Europe.

What makes this service particularly unique is its ‘purses’ functionality, which allows you to store different assets: electronic money, crypto, gold, and much more. These assets are held by a guarantor, which provides the utmost protection of your funds in case of liquidation or fraud.

WebMoney has a dedicated mobile application, quick transfer times, and low fees. However, the number of casinos that currently accept it is rather limited.

Headquartered in London, Jeton acts as both a digital wallet and a prepaid card, depending on your needs. It is certified by the Financial Conduct Authority, so your money is in good hands no matter what.

One of the main advantages to using Jeton as a casino wallet is its flexibility. As both a wallet and a bank card, you can make purchases or withdraw money as you see fit, with incredible convenience.

With 24/7 customer service, Touch ID/Face ID compatibility, and numerous supported currencies, Jeton is a great option that’s making a splash in the industry.

As its name suggests, MuchBetter intends to provide a ‘much better’ experience to what its users are used to.

This casino wallet has some of the lowest fees for any e-wallet worldwide, which is obviously a huge plus. It’s also got top-notch security, and you’ll find it at many leading casinos.

Moreover, topping up and withdrawing money couldn’t be easier through the MuchBetter mobile app.

Market data shows that MuchBetter is one of the fastest-growing e-wallets and it continues to gain popularity at UK casinos as well as European casinos.

MiFinity is a smart, simple, and secure payment solution for an e-wallet casino. With more than 18 years in the business, MiFinity is a veteran in the industry and it has successfully adapted to many changes, including the integration of Cryptopay for use at crypto casinos.

One unique element about MiFinity is their VIP programme. This rewards its high rollers with exclusive deals and lucrative bonuses they wouldn’t find elsewhere.

Also, while it does charge fees, they are minor.

MiFinity is accessible in over 170 countries and is a solid choice at any e-wallet casino that accepts it.

Pros & Cons of Using E-Wallets

Like all other payment methods, e-wallets come with advantages and disadvantages.

Here’s what you need to keep in mind about using e-wallets casinos at a glance.

Pros

  • Fast: E-wallets are among the fastest payment methods for deposits and withdrawals.
  • Safe: E-wallets are super safe, and most have two-step authentication for transfers.
  • No Personal Information: When using e-wallets, you don’t need to divulge your personal or banking details to the vendor.
  • Easy to Use: You can quickly set up an e-wallet account. They are also straightforward to use.
  • Great for Mobile: Most e-wallets let you confirm payments directly through the app, without the need to enter long credit card numbers or bank account details.

Cons

  • Limited Bonuses: Some e-wallet casinos won’t give you a bonus if you use an e-wallet for your first deposit.
  • Not Universally Accepted: While most casinos accept one or more e-wallets, your favourite one may not be available at the casino site of your choice.
  • Transaction Fees: Some e-wallets come with fees.

Are E-Wallets Safe To Use?

One of the primary selling points of e-wallets is their widely-recognised commitment to safety and security. In fact, many experts argue that digital wallets are safer than your real one.

This is due to a number of reasons, including that these digital wallets:

  • Do not share your actual payment details with the vendor.
  • Have a two-step authentication process, which verifies your purchases via SMS, email, or the app.
  • Work through a proxy network that has a built-in firewall. This prevents e-wallets from accessing your personal banking history and selling it to third parties.
  • Have SSL encryption to prevent hacking of the e-wallet database.
  • Work hard to inform customers about any phishing emails or other scams as soon as they are made aware of them.

All this makes e-wallet casinos a great option for players looking to protect themselves through this simple-to-use technology.

E-Wallet Casino Safety E-Wallet Casino Safety

In addition to the safety measures afforded to users by the e-wallet services, the legal casinos that accept e-wallets are usually licensed by jurisdictions like Malta, Gibraltar, Alderney, Sweden, the UK, or Curaçao. All of these impose strict rules on the casinos to keep both you and your money secure.

Can I Get a Casino Bonus When Using an E-Wallet?

This is a question we’re often asked, but the answer depends on both the e-wallet casino and the service you choose to use.

Even so, one way around this is to use an alternative payment method (such as a credit card or cryptocurrency) to make your first deposit. When you do so, you should have access to the following bonuses.

Types of E-Wallet Bonuses

Welcome bonuses are among the most common and popular bonuses at all online casinos, but they’re ones most users of e-wallet casinos miss out on. This is especially true if you’re using Skrill or NETELLER.

Those who do avail themselves of these bonuses can expect a match on their first deposit (for example, a 100% or 200% match up to a certain amount). Moreover, these bonuses can also include free spins on pre-selected games.

Free spins are another popular type of bonus. As the name suggests, these allow you to try out pre-selected video slots at e-wallet casinos for free. Some have zero wagering requirements, meaning you actually get to keep any winnings without spending any money.

A reload bonus is when the e-wallet casino gives you free spins or matches the amount you deposit on your second, third, or fourth deposits.

This can either be part of the welcome bonus you receive from the online casino, or else as a weekly, monthly, or one-off offer.

Cashback bonuses see your casino give you a percentage of your net losses or deposit money back, with 5 to 10% being the usual figure. This is a fantastic way of ensuring that you never fully outspend your budget.

Cashbacks should come with zero wagering requirements, meaning that an instant withdrawal should be possible, even if you haven’t played the money.

A VIP bonus may be offered to players of the top e-wallet casinos. To become a VIP, you usually have to be a high-roller.

Some casinos determine your VIP status through points. The higher your status, the bigger the rewards will be. These can include better cashback rates, as well as free bonuses, trips, tickets to events, and gifts.

The most exclusive VIP casino clubs are invitation-only affairs.

Some casinos have loyalty programmes where players who deposit and play often receive points. Usually, you have to climb up levels in order to receive your bonus prizes. These can then be redeemed for loyalty bonuses or even perks.

This is a very rare type of bonus at most online casinos.

A no deposit bonus is when the e-wallet casino gives you free credit or free spins without you having to make a deposit.

These bonuses usually come with high wagering requirements.

Check the Terms & Conditions Check the Terms & Conditions

Always read the Terms & Conditions of each and every bonus before taking one up. Things like wagering requirements, deadlines, and which games contribute to your wagering requirements can make a big difference to your overall experience.

Also, keep in mind that at most casinos, using Skrill or NETELLER for your first deposit will result in you forfeiting your welcome bonus.

Using an E-Wallet

When it comes to depositing and withdrawing using an e-wallet, the process is usually quick, easy, and safe.

But that's not all! Even registering and funding your e-wallets are simple affairs.

Here we look at how to use a digital wallet from start to finish.

If you are a UK resident, you cannot use e-wallet funds that come from credit cards. This is due to a recently-enacted law by the UK Gambling Commission. To avoid this, simply use a debit card or your bank account to fund your e-wallet account.

How to Register for an E-Wallet

Another reason for the ubiquity of digital wallets is their ease of use, as well as ease of registration. One important thing to note is that some e-wallets link directly to your bank account, while others only link to your debit/credit card.

In order to register an e-wallet for casino gaming, just visit the website of any wallets that we recommend. It’s usually as simple as making an account, verifying your email and phone number and authenticating your banking details.

You can even register directly via your mobile device – no download needed! Alternatively, you can choose to download the e-wallet’s app to make faster payments.

How to Deposit to an Online Casino Using an E-Wallet

Ready to start playing at an e-wallet casino?

How to Deposit to an Online Casino Using an E-Wallet
  1. Log in or sign up to an online casino that accepts your e-wallet of choice. We have a list of legal and licensed e-wallet casinos in our Top List above.
  2. Head to the Cashier/Banking section and go to the e-wallets section.
  3. Choose your e-wallet service and enter how much you’d like to deposit.
  4. You will now be redirected to the service’s official website or the app, depending on whether you’re accessing the casino from your desktop or smart mobile device.
  5. Log in and confirm your payment. The amount should appear in your casino account within a few seconds or minutes.
How To Withdraw From an Online Casino Using an E-Wallet

When it comes to withdrawing your winnings, the steps are also pretty straightforward – but since your e-wallet doesn’t share personal information with the casino, there is an extra step you might need to undergo.

  1. Check if you need to verify your identity. This is done by casinos to conform to anti-money laundering regulations set out by the respective jurisdictions. If you do, the process usually requires uploading a scan of an official document like your ID card, passport, or driving licence.
  2. Once done, head to the Cashier/Banking section and go to the e-wallets section.
  3. Choose your e-wallet service and enter how much you’d like to withdraw.
  4. Confirm the amount and that’s it! The first payment may take a few days to be effected, but subsequent ones should be quick.
You Should Know! You Should Know!

Most casinos only allow you to withdraw funds using the same deposit method.

Does Using E-Wallets at Online Casinos Come With Fees?

The fees for using an e-wallet at online casino sites can vary depending on many factors. After all, digital wallets are a service like any other, and need to run profitably in order to stay in business.

Fees depend on your country and currency, method of payment to/from the e-wallet, and of course, the e-wallet itself. Most of the time, you will encounter a visual guide to these fees on their website.

Let’s review some common fees you may encounter with e-wallet online gambling:

  • Deposit Fees: Some digital wallets charge you a commission whenever you load them with money. While it is sometimes free to do so, they often charge 1% of the total amount, but this can go up to 5% or more.
  • Withdrawal Fees: While some e-wallets might not charge you to make a deposit, other e-wallets may charge you to make withdrawals to your main bank account. These can also be as little as 1%  and up to 5% or more. Alternatively, they may offer their own bank card to avoid fees altogether, as is the case with NETELLER’s Mastercard.
  • Currency Exchange Fees: You may be charged fees to exchange money from one currency to another. The service should specify these fees before you confirm the transaction.

How Long Do E-Wallet Casino Payments Take?

Overall, e-wallet casino payments are quick. Most deposits to online casinos using e-wallets are instantaneous. In fact, they should never take any longer than a couple of minutes.

Withdrawals are quick, too. Yet the first one usually takes a few days while the casino verifies your identity.

What to Keep In Mind When Choosing an E-Wallet

In today’s online casino world, there are a myriad of payment methods you can choose from, including multiple e-wallets. Here are a few factors to consider when choosing an e-wallet:

  • Why are you using an E-wallet?

E-wallets are great if you want to keep your gambling transactions off your credit/debit card statements or your bank account logs. They can also be used by people looking for a secure method which doesn’t disclose their personal details to the online casino.

  • Which country are you playing from?

While most of the e-wallets we mention here are international, ones like WebMoney are very country-specific. Others, like PayPal, NETELLER, and Skrill, are more common but cannot be funded with credit cards in the UK. Of course, not all of them accept all currencies, so that should also be taken into consideration.

  • Would you like a casino bonus?

As we’ve mentioned before, some e-wallet casinos won’t offer a bonus if you make a first deposit using these services. However, once you've placed your first deposit, you're welcome to use your favourite e-wallet method to claim future bonus offers.

  • Does the casino accept it?

Although virtually all casinos accept one or more e-wallets, they don’t all accept the same services. Prior to joining a casino, check if your favourite e-wallet is available at your casino and whether it can be used from your country of residence. Contact customer support to be sure.

  • Can I use the e-wallet at mobile casinos?

E-wallets are a fantastic choice for users who prefer to play casino games online wherever they please. After all, digital casino wallets are safe, swift and easy to use. And many of the major e-wallets, like Skrill and PayPal, have their own apps for streamlining casino payments. Just download the e-wallet’s mobile application, and sign up at one of our recommended mobile casinos.

Alternative Payment Methods

If you don’t like the sound of e-wallet casinos, then you can always opt for a different payment method.

Alternative to E-Wallets

The easiest and fastest way to deposit money to any online casino is by using your debit or credit card, like your Visa, Mastercard, Maestro, or Visa Electron.

The money should appear in your account within moments, allowing you to play practically instantly. Withdrawals, however, can take up to a few days to be effected.

Remember that if you live in the UK, you are not allowed to use credit cards to gamble. Debit cards, however, are still okay.

There are now numerous online casino websites that accept lots of cryptocurrencies.

These include the more popular Bitcoin casinos, Litecoin casinos, Ethereum casinos, and Dogecoin casinos, as well as lesser-known ones like Chainlink gambling sites, Monero gambling sites, Ripple gaming websites, EOS gaming websites, Tether wagering sites, and Bitcoin Cash wagering sites.

While there are dedicated cryptocurrency casinos, there are many other mobile and online casinos that list these payment methods alongside more traditional ones.

Though very safe, direct bank transfer can be time-consuming to set up and may take up to five business days for the money to go through. This means you may not be able to start playing your favourite casino games immediately.

Withdrawals made using this method may also take quite a while to be processed, so getting your hands on your winnings will have to wait, too.

However, you can always use Trustly – a third-party provider which allows you to make quick bank transfer payments.

Mobile casino payments are a way to maximise convenience and security while also keeping your spending in check. Mobile payment solutions like Boku, Siru Mobile and Zimpler allow you to make online casino deposits via your phone bill or prepaid mobile plan.

The Paysafecard is a prepaid voucher system you can use when purchasing services online.

While this service allows you to deposit money fairly easily, you will not be able to withdraw money through it, therefore,you will still have to give your bank or credit/debit card details to the online casino.

What’s the Difference Between E-Wallets and Cryptocurrency Wallets?

Despite having similar-sounding names, they’re not the same thing at all.

E-wallets are used to store and pay with fiat currency like the euro or the Great British pound.

On the other hand, crypto wallets are reserved purely for cryptocurrency like Bitcoin. Our favourite cryptocurrency wallets are CoinsPaid, Coinbase, and the Edge app.

It should be noted, however, that some e-wallets, like PayPal and WebMoney, now also offer a cryptocurrency wallet service.

E-Wallet Casino Conclusion

E-wallets’ ease of use, quick transfer times, and elevated safety features have made them a favourite payment method all across the world. They have completely revolutionised the way many of us gamble online, and we certainly recommend considering them the next time you’re playing online.

FAQs

Most online casino now accept e-wallet payments, and we have provided a list of the best ones above.

E-wallet deposits and withdrawals are among the fastest available. Deposits are instant, and most withdrawals are either instant or take up to 24 hours.

Electronic wallets are extremely secure as your banking information is not stored on the vendor’s server.

Yes. As a rule of thumb, if the casino accepts an e-wallet as a deposit method, then it will allow you to make withdrawals using the same e-wallet.

Yes, they are. You’ll find e-wallet payment methods like Skrill, NETELLER, and PayPal at virtually every major online casino.

Most of them certainly do! Scroll up for a list of casinos that accept e-wallets.

The answer to that question depends on your needs. For widespread accessibility and a reliable service, try Skrill or NETELLER. For low fees, try PayPal or MuchBetter. For international access, try MuchBetter or Jeton.

It’s a type of digital wallet used for cryptocurrency like Bitcoin and Litecoin. While some e-wallets offer cryptocurrency services, the two wallets should not be confused.

To get free credit or a free spins bonus at an e-wallet casino, you’ll need to claim a no deposit bonus or a welcome bonus with such benefits. Remember some e-wallets disqualify you from receiving certain bonuses.

Indeed you can! Most of the best e-wallet casinos are mobile-optimised, and many have dedicated mobile applications, too.

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